First Southern Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
In Q2 2026, Cost of funds edged up by 0.19 percentage points, from 0.85% to 1.04%, the largest move among the key lines here. First Southern Bank ranks 12th of 57 Mississippi banks on net interest margin, in the upper half at 4.57% (Q2 2026). First Southern Bank reported 4.57% on net interest margin for Q2 2026, 0.62 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.57% |
| Yield on loans | 7.18% |
| Yield on securities | 3.97% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.04% |
| Cost of interest-bearing deposits | 1.29% |
| Cost of interest-bearing liabilities | 1.46% |
| Cost of borrowings | 3.85% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.57% |
| Yield to cost spread | 4.11% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.7M |
| Total interest expense | $740K |
| Interest expense on deposits | $610K |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.95% | 0.40% | 4.43% | 5.98% | 2.95% |
| Q4 2023 | 5.20% | 0.46% | 4.60% | 6.38% | 3.20% |
| Q1 2024 | 5.49% | 0.61% | 4.73% | 6.45% | 3.67% |
| Q2 2024 | 5.64% | 0.64% | 4.82% | 6.71% | 3.76% |
| Q3 2024 | 5.72% | 0.72% | 4.82% | 6.77% | 3.79% |
| Q4 2024 | 5.54% | 0.69% | 4.68% | 6.76% | 3.74% |
| Q1 2025 | 5.53% | 0.75% | 4.59% | 6.86% | 3.56% |
| Q2 2025 | 5.33% | 0.68% | 4.45% | 7.12% | 3.95% |
| Q3 2025 | 5.44% | 0.69% | 4.56% | 7.10% | 4.15% |
| Q4 2025 | 5.70% | 0.87% | 4.66% | 7.15% | 3.96% |
| Q1 2026 | 5.60% | 0.85% | 4.57% | 7.17% | 3.87% |
| Q2 2026 | 5.57% | 1.04% | 4.57% | 7.18% | 3.97% |
First Southern Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock First Southern Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Southern Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 31158) · FFIEC NIC profile (RSSD 954671)